Rossmann Cuts Ties with Tesla Over Musk’s Political Stance
European drugstore giant Rossmann announced on Tuesday it will no longer purchase Tesla’s electric vehicles for its fleet, effective immediately. This decision follows Tesla CEO Elon Musk’s public support for…
Nokia and Swisscom Begin Nationwide Drone Service Deployment
Nokia and Swisscom are set to deploy a drone service network across Switzerland to enhance emergency responses and infrastructure inspections, as announced in a joint statement on Thursday. Nokia, the…
Potential White Hat Hacker Involved in $9.8M ETH Exploit on Ronin Network
Ronin Network, a leading blockchain platform for gaming, reported a significant security breach resulting in the loss of approximately $9.8 million in Ether (ETH). This incident adds to a growing…
Euro Stablecoin Market Thrives Under New MiCA Regulations
The European Union’s comprehensive Markets in Crypto-Assets Regulation (MiCA) framework is progressively being implemented, reshaping the landscape for digital assets across the region. The first phase of this regulatory framework,…
Europe’s Fourth-Largest Hedge Fund Invests Nearly $500M in Bitcoin ETFs, According to Filing
Capula Management, ranked as Europe’s fourth-largest hedge fund, has significantly invested in Bitcoin exchange-traded funds (ETFs), channeling nearly $500 million into this digital asset class, as revealed in recent public…
European Commission Closes Case as TikTok Lite Drops Rewards Feature
The European Commission has concluded its Digital Services Act (DSA) investigation into TikTok Lite’s rewards feature, following TikTok’s commitment to permanently withdraw the mechanism from the EU. The “task and…
Xapo Bank Introduces Interest-Earning Bitcoin and Fiat Accounts in the UK
Gibraltar-based Xapo Bank has officially launched its services in the United Kingdom after obtaining a local banking license. This move allows the bank to offer new services tailored for users…
Crypto Investment Products Lose $528M Due to Recession Concerns, Reports CoinShares
A new report by CoinShares highlights a troubling trend in the cryptocurrency market, with significant capital outflows recorded last week, pointing to growing investor anxiety. These outflows coincide with increasing…
Global Market Downturn Leads to Over $1 Billion in Crypto Liquidations
On August 5, the cryptocurrency market experienced a steep decline, contributing to significant financial losses for investors and traders. This downturn was largely influenced by the global economic slowdown and…
Memecoin Value Surges After Vitalik Buterin Offloads Unexpected Airdrop
On August 4, a relatively obscure memecoin attempted to leverage Ethereum co-founder Vitalik Buterin‘s fame by airdropping 4% of its total supply to him, thereby making him the token’s largest…
Bitcoin Falls Below $50K as Crypto Market Sees 17% Decline
Bitcoin’s price has recently dipped below the $50,000 mark for the first time since February, touching a low of $49,351 before showing signs of recovery toward the $51,000 level. This…
$500 Billion Vanished: Crypto Experiences Its Largest Three-Day Decline in a Year
The cryptocurrency market has just undergone its most drastic three-day sell-off in nearly a year, erasing approximately $510 billion in total market capitalization since August 2. This significant downturn in…
Ethereum at Critical Support Level, Risk of Falling Below $2,800 Looms
Ether, the second-largest cryptocurrency by market capitalization, is currently perched precariously at a vital support level. Crypto traders are closely monitoring this situation, as a failure to maintain this support…
EU Regulator Flags Risks with Offshore Crypto Operations Under MiCA Regulation
The European Securities and Markets Authority (ESMA), the key regulator for the EU’s financial markets, has recently issued a detailed Opinion to highlight the risks associated with global crypto firms…
Telegram Launches In-App Browser Supporting Decentralized Websites
On July 31, Telegram, the popular crypto-friendly social messaging platform, unveiled a new in-app browser that supports decentralized websites. Known as “TON Sites,” these sites are now accessible to users…
Uber’s New Deal with BYD to Bring Electric Cars to Europe and Latin America
Uber and BYD have announced a significant multi-year strategic partnership that will see 100,000 BYD electric vehicles added to Uber’s ride-hailing platform, starting in Europe and Latin America. The partnership,…
Law Commission of England and Wales Suggests New Property Classification for Crypto Assets
The Law Commission of England and Wales, an independent entity responsible for reviewing and recommending reforms in the legal sphere, has made a significant proposal regarding the classification of crypto…
Bank of England to Conduct Trials with Wholesale Central Bank Digital Currency and Synchronization Techniques
The Bank of England (BoE) has announced plans to launch an experimental program that integrates its Real-Time Gross Settlement (RTGS) system with a wholesale central bank digital currency (wCBDC). This…
Four Suspects Allegedly Forced Bitcoin Owner to Transfer Funds Before Murdering Him, According to Police
In a horrifying incident in Kyiv, Ukraine, four suspects have been arrested in connection with the kidnapping and murder of a 29-year-old foreign national known for his involvement with Bitcoin.…
Slovenia Debuts the European Union’s First Digital Sovereign Bond Issued by BNP Paribas
Slovenia has taken a significant step in digital finance by issuing the first digital sovereign bond within the European Union. Managed by BNP Paribas, this groundbreaking bond has a nominal…